Shyam Metalics And Energy Ltd - Stock Valuation and Financial Performance

BSE: 543299 | NSE: SHYAMMETL | Steel & Iron Products | Small Cap

Shyam Metalics&Ener Share Price

618.75 -11.40 -1.81%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Shyam Metalics&Ener

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Shyam Metalics And Energy stock performance -

mw4me loader
P/E Ratio (SA):
47.44
Market Cap:
17,271.3 Cr.
52-wk low:
287
52-wk high:
772.3

Is Shyam Metalics And Energy Ltd an attractive stock to invest in?

1. Is Shyam Metalics And Energy Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shyam Metalics And Energy Ltd is a average quality company.

2. Is Shyam Metalics And Energy Ltd undervalued or overvalued?

The key valuation ratios of Shyam Metalics And Energy Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Shyam Metalics And Energy Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shyam Metalics And Energy Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shyam Metalics&Ener:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shyam Metalics And Energy Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 8.1%5.3%-2.7%3.6%17%15.5%6.2%17.1%24.8%8.8%-
Value Creation
Index
-0.4-0.6-1.2-0.70.30.2-0.50.30.8-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9911,1688601,0651,7222,1512,1123,0244,6586,2436,702
Sales YoY Gr.-17.9%-26.4%23.8%61.7%24.9%-1.8%43.2%54.1%34%-
Adj EPS 2.91.6-2.71.711.912.74.918.331.412.913
YoY Gr.--43.1%-264.6%NA611.4%6.9%-61.7%276.4%71.4%-59.1%-
BVPS (₹) 33.933.15654.566.979.383.8100.9143.1151196.2
Adj Net
Profit
54.435.6-58.439.1277297114428801328364
Cash Flow from Ops. 11819886.411631339315.8599714562-
Debt/CF from Ops. 4.31.83.92.71.11.144.10.50.30.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 22.7%29.4%43.5%34%
Adj EPS 18.1%1.6%38.2%-59.1%
BVPS18.1%17.7%21.7%5.5%
Share Price - - - 112.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
9.65.2-63.119.617.4619.926.78.77.5
Op. Profit
Mgn %
19.113.3611.617.621.215.421.524.28.19.1
Net Profit
Mgn %
5.53.1-6.83.716.113.85.414.217.25.35.4
Debt to
Equity
0.80.50.30.20.20.20.40.10.10.1-
Working Cap
Days
1491181501411151071641441089957
Cash Conv.
Cycle
6949525445436258423315

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 43.52%

Net Profit is growing at healthy rate in last 3 years 38.18%

Sales growth is good in last 4 quarters at 20.54%

Return on Equity has declined versus last 3 years average to 7.50%

Latest Financials - Shyam Metalics And Energy Ltd.

Standalone Consolidated
TTM EPS (₹) 13 39.8
TTM Sales (₹ Cr.) 6,702 12,943
BVPS (₹.) 196.2 346.3
Reserves (₹ Cr.) 5,198 9,386
P/BV 3.15 1.79
PE 47.44 15.56
From the Market
52 Week Low / High (₹) 287.00 / 772.30
All Time Low / High (₹) 253.05 / 772.30
Market Cap (₹ Cr.) 17,271
Equity (₹ Cr.) 279.1
Face Value (₹) 10
Industry PE 26.6

Management X-Ray of Shyam Metalics&Ener:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shyam Metalics&Ener

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales9911,1688601,0651,7222,1512,1123,0244,6586,243
Operating Expenses 8221,0258159411,4191,7161,7992,3743,5315,776
Manufacturing Costs9410081103163214235226399578
Material Costs6578416526961,0861,2791,3311,8702,8324,769
Employee Cost 23303038638092102128188
Other Costs 475451104107143142176172241
Operating Profit 169143461233044353136501,127467
Operating Profit Margin (%) 17.1%12.2%5.3%11.6%17.6%20.2%14.8%21.5%24.2%7.5%
Other Income 10761237302046811376
Interest 5234332525385739938
Depreciation 82117119959993159150120208
Exceptional Items 0000000000
Profit Before Tax 4568-95402103241005291,112297
Tax 3-5-33-10-7938-591302-2
Profit After Tax 4273-6250289285105439810299
PAT Margin (%) 4.2%6.2%-7.2%4.7%16.8%13.3%5.0%14.5%17.4%4.8%
Adjusted EPS (₹)2.23.4-2.92.212.412.24.518.831.811.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%24%16%38%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 6427201,2121,2721,5621,8511,9582,3573,6503,851
Share Capital 3843434747234234234255255
Reserves 6046771,1681,2251,5151,6181,7242,1243,3953,596
Minority Interest0000000000
Debt408278273254300413660312178389
Long Term Debt224165111106127179320111
Short Term Debt184113162148173234340311178389
Trade Payables52664370178125403159521754
Others Liabilities 209145274330213300290399448464
Total Liabilities 1,3111,2091,8011,9262,2522,6893,3103,2284,7985,459

Fixed Assets

Gross Block7989188488801,0791,1741,5151,5181,7922,393
Accumulated Depreciation2944071192133124055607108301,037
Net Fixed Assets5045107296677677709558089621,355
CWIP 162821471733724084230437352
Investments 1381375035318199829899891,6171,941
Inventories2031661121622313617765311,0061,148
Trade Receivables6050681392078877299104229
Cash Equivalents 777636442542376515350
Others Assets167187205210165206392306519384
Total Assets 1,3111,2091,8011,9262,2522,6893,3103,2284,7985,459

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1181988611631339316599714562
PBT 4568-95402103241005291,112297
Adjustment 14696150929914221814026181
Changes in Working Capital -723336-855-1-28315-214165
Tax Paid 00-4-9-51-72-20-86-211-82
Cash Flow From Investing Activity -3411-64-66-341-451-207-114-989-621
Capex -76-42-75-59-63-298-188-174-462-478
Net Investments 36656-12-281-157-56-611-161
Others 6-125534-13548319
Cash Flow From Financing Activity -68-210-17-38880191-46629662
Net Proceeds from Shares 12000700006260
Net Proceeds from Borrowing 00000520000
Interest Paid -52-34-33-25-25-33-55-41-9-34
Dividend Paid 0000000-43-184-115
Others -136-17716-193462246-382-137210
Net Cash Flow 17-2512-2023019203
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.4310.72-6.444.0420.3616.725.5320.3426.987.97
ROCE (%)8.659.2-4.754.1813.5317.296.3621.3234.498.31
Asset Turnover Ratio0.851.020.640.620.850.870.70.921.161.22
PAT to CFO Conversion(x)2.812.71N/A2.321.081.380.151.360.881.88
Working Capital Days
Receivable Days24152233362514231610
Inventory Days69525343405098796063
Payable Days31253030424372554449

Shyam Metalics And Energy Ltd Stock News

Shyam Metalics And Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shyam Metalics&Ener on 12-Apr-2024 16:59 is ₹618.8.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2024 16:59 the market cap of Shyam Metalics&Ener stood at ₹17,271.3.
The latest P/E ratio of Shyam Metalics&Ener as of 12-Apr-2024 16:59 is 47.44.
The latest P/B ratio of Shyam Metalics&Ener as of 12-Apr-2024 16:59 is 3.15.
The 52-week high of Shyam Metalics&Ener is ₹772.3 and the 52-week low is ₹287.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shyam Metalics&Ener is ₹6,702 ( Cr.) .

About Shyam Metalics And Energy Ltd

Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys. It is amongst the largest producers of ferro alloys in terms of installed capacity in India, as of February 2021. It has the ability to sell intermediate and final products across the steel value chain. As of March 31, 2020, it was one of the leading players in terms of pellet capacity and the fourth largest player in the sponge iron industry in terms of sponge iron capacity in India. It was also one of the leading integrated steel and ferro alloys producers in the eastern region of India in terms of long steel products, as of March 31, 2020. It has a consistent track record of delivering operating profitability, and since the commencement of its operations in Fiscal 2005, it has delivered a positive EBITDA in each of the Fiscals.

Business area of the company

The company primarily produce intermediate and long steel products, such as, iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys products with a specific focus on high margin products, such as, customised billets and specialised ferro alloys for special steel applications. Its TMT and structural products are sold under the brand ‘SEL’ and logo. It also undertakes conversion of hot rolled coils to pipes, chrome ore to ferro chrome and manganese ore to silico manganese for an Indian steel conglomerate. It is also currently in the process of further diversifying its product portfolio by entering into the segments, such as, pig iron, ductile iron pipes and aluminium foil.

Products:

  • Pellet
  • Sponge Iron
  • Billets
  • TMT, structural products (angles, channels, beams), wire rods and pipes
  • Ferro Alloy Products

Awards, Accreditations and Recognition

2019

  • Renewed certification from DNV GL Business Assurance UK Limited in relation to the quality management standard ISO 9001:2005 for Sambalpur manufacturing plant.
  • Renewed certification from DNV GL Business Assurance UK Limited in relation to the environmental management standard ISO 14001:2015 for Sambalpur manufacturing plant.
  • Renewed certification from DNV GL Business Assurance UK Limited in relation to the environmental management standard ISO 14001:2015 for Jamuria manufacturing plant.
  • Renewed certification from DNV GL Business Assurance UK Limited in relation to the quality management standard ISO 9001:2005 for Jamuria manufacturing plant.
    chieved a 4.5 star rating in 2019 in the ‘large scale category’ of Energy Conservation Awards, CII Eastern Region.


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